We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · EX8 2AL
Listing removedListed 441 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is approached via a metal gate and paved front garden with driveway to one side, car port and the garage.
Through the front door you have the hallway with understairs cupboard, downstairs WC and doors to the kitchen/breakfast room and lounge/diner The kitchen/breakfast room is a great size, has twin windows to front and side, side access door to the car port, a good range of base and wall mounted units including cupboard and drawers.
Inset sink with mixer tap & drainer, wall mounted gas boiler, plumbing and space for washing machine, space for under counter fridge & freezer, space for free standing gas cooker with extractor over, track spotlighting and a tiled splashback.
The lounge/diner is a generous size, has a rear facing window, inset electric fire with tiled surround & hearth, wooden mantle, panel radiator, coving and a sliding patio door that leads to the sun room which has a side facing frosted window, rear facing window and sliding patio door to the rear garden.
Upstairs you have two large double bedrooms to the front and rear with double glazed windows and panel radiators, the third is a good size single.
The bathroom is front facing and has a panel enclosed bath with shower over, low level WC, pedestal wash hand basin, heated towel rail, tiling to full height, tiled floor and an extractor fan.
Outside, to the rear of the property, you have the low maintenance south westerly facing garden that is fully paved with mature borders, rear access door to the garage, covered seating area and a large workshop.
The garden as a whole enjoys plenty of sunshine all year round.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Louisa Place, Exmouth, EX8 2AL
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